Media/Press
Big changes ahead for banking system as it strives to show customers can be put first
October 7th 2018
Guilty as charged – that's the tacit admission from some of Australia's largest financial institutions as they prepare for sweeping changes in the wake of the ongoing Royal Commission of inquiry into the finance sector.
Don't be spooked by October market hoodoo
September 23rd 2018
As October approaches some professional investors are prone to letting superstition get the better of them. Drawing on what they see as a rich history of precedent, they fear a crash.
Black Thursday on October 24, 1929 kicked off the Great Depression, Black Monday on October 19, 1987 signalled the start of the 80s bear market. The Asian Economic Crisis wreaked havoc with US stock markets on October 27, 1997.
However, despite these spectacular examples, the data does not support the fear.
Pathfinder Water Fund becomes Vegan friendly
September 22nd 2018
First they pulled out of bombs and cigarettes and now a New Zealand investment provider has gone a step further by offering a vegan-friendly fund.
Pathfinder Asset Management, which specialises in responsible investment said it had tweaked one of its global equity funds to screen out companies with animal welfare and animal testing issues.y funds
Karl writes about share buybacks
September 13th, 2018
"Corporate cocaine”, “sugar high for corporations”, and “stock price manipulation” – all phrases media use to describe share buybacks. In a buyback, a corporation buys its own shares, often in the open market but sometimes through a tender process.
Future murky for Kiwisaver predictions
September 9th 2018
Less than a third of investors across all age groups believe they have a good understanding of KiwiSaver. That's the hugely disappointing number in ASB's quarterly KiwiSaver survey released this week.
ASB senior wealth economist Chris Tennent-Brown said: "There's work to do to help lift knowledge and understanding of KiwiSaver. This will become increasingly important as member balances grow."
He's right.
Congratulations!!
August 30th, 2018
Pathfinder Asset Management Ltd has been selected as a finalist in the Communicating for Change category for the 2018 NZI Sustainable Business Network Awards!